Inflation in Colombia was down 0.26% in October, according to numbers released by the country’s government statistics office, making last month the lowest inflation measure in the past 10 years.
With Colombia’s GDP growth expected to strike 4.8% this year, concerns still hang over the head of the South American country’s economy. “The Colombian economy is emerging as one of…
The average increase in the price of a basket of goods and services in Colombia reached 0.3% in May, according to the national statistics agency DANE. This figure indicates there has…
Colombia’s central bank has kept the interest rate at 5.25% for the second month in a row as worries of inflation eased, the bank announced Monday. The decision suggests the…
More than 300,000 cargo and public service vehicles would not be operating in Colombia Tuesday in protest at gas prices, reported Radio Caracol. President of the Colombian Federation of Freight…
The Colombian Central Bank raised the intervention rate 25 base points to 5.25%, their website revealed Friday. The Board cited inflationary pressures from favorable terms of trade and expanding domestic…
The Central Bank of Colombia may raise its benchmark lending rate for a second straight month at its Friday meeting, a decision that would be spurred by fears that a…
Colombia’s central bank, Banco de la Republica, said it will buy U.S. dollars amid worries of inflation and an over-heating economy, in a press release Friday. The bank said it…
The poorest Colombians experienced an increase in prices of 4.35% in 2011, higher than the annual increase in the Consumer Price Index of 3.73%. According to financial publication Portafolio, Colombia’s…